Barter trade is an old business of exchanging goods and services without the use of money. Before, barter is done in marketplace; today barter is done in through the internet. The marketplace are the online barter clubs that are called trading portals.
People who want to trade their items or join barter clubs will find barter clubs efficient and effective in bartering. They can find good deals and a wide range of people to trade with. So if you want to try online bartering, here are some tips that will cut you a great deal.
The first thing you should do is to find a barter club that is in the business for awhile now and has a lot of members. This means you have more opportunities to find a good deal and to have a wider scope of network. Before joining the barter club, check their terms and conditions, including membership fees and commission fees for every transaction made.
You also have to be specific with your offers. Include details properly. If you are offering service, indicate the number of hours you are willing to spend in exchange of what item or service; if you are offering an item, include a picture, indicate the flaws if there are any, and other details like how old the item is. The more niceties you write the better. This also saves your time and energy.
Additionally, be wary of the members you are making transactions with. Do not give out information right away. Find sites that screen their members properly. Although online barter’s foundation is trust, you must still do what you have to do when it comes to protect your safety. So before entering any deal, make sure that you know the things that you have to do.
Lastly, if you will be trading things of high value, seek some legal advice before conducting the transaction. Write a contract for both parties before the exchange. This is so to protect the interests of both parties. Remember to maintain all barter deal records for security purposes, too. Although the same cannot be said with trade of services, just make sure to find a good community like Gigats community who gives high value to their members.
Tips to create new swap market?
In this modern world, when markets are falling down and the economic future is agitated, the hidden part to any business survival lies in its ability to conquer the new technology as well as the predictable lifestyles. Barter marketplace being one of the oldest method of transaction ever invented by man, has been able to confirm to various economic times that why we still use it today. Swap market is mainly on to the exchange of goods with other goods or services, so that money is used as a means of exchange. Since money is not important to this trade, it becomes very useful for those who are not financially week and also for the people who may want to dump one item in exchange for another.
In order to make a better swap market, it is really important to create a good website from where traders can come to exchange their products. A site can be created easily and professionally using a website building software or by hiring a freelance web designer. Before
starting the process , one is required to carry a research regarding the features and characteristics that will pay attention of people and facilitate trading activities. Show down all the idea that you have and let them be the fundamentals upon which your site is built upon.
When your site is ready and you have selected a good name to start with it, you can upload the products that you want to exchange for others. For those people who are interested for trade will have the option of adding their personal accounts in your swap market place and also they can upload their products and also bid for the items they need.
Make sure that each of them should be able to search for what other people are offering. Thus it makes easy for them to choose their products accordingly. The products should be divide into different categories for ease of accessibility. Once a user uploads an item, you can ask for a small amount for site maintenance .It is better if you offer the site services for free and charge the people who really want to place their advertisements.
Again, once the products are shown their owners should specify what they want in exchange and the method of shipment providing. There are some people who may want to offer expedited shipping, international shipping and so forth. More to that, to get attention of people to exchange their products with the what you have, you should include the insurance policy against theft, damage or any foreseeable challenge.
Eventually swap trade is completely dependent on mutual trust, each person expects the other will deliver the product as per the indication they made in his user page. They do not expect to feel short changed or duped in anyway. When traders are satisfied with the store, they will always come back for more trade dealings.
As the store management, you should have an expert team of customer care personnel, to help out different traders who might be facing some difficulties. Also, you should always look into the feedback emails sent by both satisfied and dissatisfied customers. This will help you for the betterment of the service and to take the right action with the ‘rogue’ traders and also to know how other people rate your site.
Customers feedback is the key to success and helps you to improve your market . They will give their opinion on areas where they may not be satisfied with, as well as tell you on the area you are doing pretty well.
Apart from all these things, the most part is that to choose the right swap script for developing a website on swap marketplace. It is always better to install a barter script rather than hiring a freelance web designer or for programmer for further needs.